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Whoisthis · 8 March 2022, 01:19 PM

Im considering buying a used rolex Datejust, Explorer or Explorer 2 or a Cartier love collection for me to use but also investing.

114270 BKASO
16234SS
16570 BKSO
Are on my list now. They dont have Paper or Box.
Something under 9k$
Do these go up in value even a little?

JMGoodnight369 · 8 March 2022, 01:21 PM

Just here for the comments *grabs popcorn*

rebornsoul · 8 March 2022, 01:28 PM

This wont end well...

LVx2 · 8 March 2022, 01:28 PM

I like the first two more but realize many think the 16570 would be the one to go for. I've just never been into five digit Explorer IIs.

Love the Datejust dial but the Explorer 36mm is likely your best value play. Those are both really nice watches.

seabreeze60 · 8 March 2022, 01:28 PM

msrp

S52 · 8 March 2022, 01:28 PM

We have a member here padi56, shoot him a pm hes our resident expert in Rolex investment portolio analysis.

Hed be happy to help

Kyle3130 · 8 March 2022, 01:28 PM

Quote:

Originally Posted by JMGoodnight369

Just here for the comments *grabs popcorn*

I’ll grab the sodas. This could get ugly real fast.

sportsdoc · 8 March 2022, 01:32 PM

Quote:

Originally Posted by S52

We have a member here padi56, shoot him a pm hes our resident expert in Rolex investment portolio analysis.

Hed be happy to help

Hahaha

Sent from my iPhone using Tapatalk

GGGMT · 8 March 2022, 01:32 PM

Quote:

Originally Posted by S52

We have a member here padi56, shoot him a pm hes our resident expert in Rolex investment portolio analysis.

Hed be happy to help

Now that is funny man.

Sent from my iPhone using Tapatalk

Aussiexplorer · 8 March 2022, 01:32 PM

Here come the watches aren't investment comments.

That said, I absolutely understand the OP perspective. Yes, traditional investments are probably more prudent financially, but owning a Rolex means you can enjoy a fine watch, which after ten years and a service has probably made you a small profit. That is awesome, and an investment in joy, practicality and compared to some other brands, finances as well.

GGGMT · 8 March 2022, 01:32 PM

Forget the Cartier (like everyone else has) and do 16570. It’s a sleeper. But definitely do box papers and do trsited seller her

Sent from my iPhone using Tapatalk

ndrs63 · 8 March 2022, 01:37 PM

OP, do not think of this hobby as an investment. It’s a losing proposition. This forum is for watch passionate not for investors. If you read the guidelines you will realize this post is not following them

Sent from my iPhone using Tapatalk

inadeje · 8 March 2022, 01:40 PM

Where’s padi to take out the trash?

rallyx · 8 March 2022, 01:43 PM

The company or the watches? As a company, go for it. You just have to convince the Wilsdorf Foundation to sell you some of the stock (no pun intended). For the watches, any stock (again no pun intended) you can find at the AD at RRP.

Polar Bear · 8 March 2022, 01:44 PM

If you want an investment, buy stock or real estate

"Investing in a Rolex" in the current market is a bad idea

Screwly · 8 March 2022, 01:46 PM

Quote:

Originally Posted by Polar Bear

If you want an investment, buy stock or real estate

"Investing in a Rolex" in the current market is a bad idea

To be honest, investing in a Rolex at retail in this current market is a fantastic idea. Just have to earn your trust at an AD to be able to buy at retail.

Wobbly · 8 March 2022, 01:50 PM

OP joined over a year ago, and this is their first post.

Tensai · 8 March 2022, 01:50 PM

Yes. Do it. You will definitely make a good return.
Buy some crypto too.
Buy the dip.
And make sure to report all your purchases on Instagram.
Good luck!

fishingbear · 8 March 2022, 01:52 PM

…

AF_Rob · 8 March 2022, 01:53 PM

Quote:

Originally Posted by S52

We have a member here padi56, shoot him a pm hes our resident expert in Rolex investment portolio analysis.

Hed be happy to help

Like a warm sunny day.

Andad · 8 March 2022, 02:01 PM

Quote:

Originally Posted by inadeje

Where’s padi to take out the trash?

daOnlyBG · 8 March 2022, 02:01 PM

Quote:

Originally Posted by Whoisthis

Im considering buying a used rolex Datejust, Explorer or Explorer 2 or a Cartier love collection for me to use but also investing.

114270 BKASO
16234SS
16570 BKSO
Are on my list now. They dont have Paper or Box.
Something under 9k$
Do these go up in value even a little?

Investment vehicles have some form of future cash flow, whether it's a high dividend REIT (you get cash payments), a tech growth stock (cash revenue in the future), a low-risk bond (small cash but secure/predictable), and so forth- and when you valuate the security today, you discount the future cash flows you get from said security.

What do all watches have in common? They don't yield cash flow. Your future cash flows, unless you sell it, are $0- and even when you sell it, there's no agreed upon price for what that watch will get you. Could be double what you paid, 10x what you paid, 0.5x what you paid, or just... nothing (well, OK, maybe the material cost of steel?).

That's right: the intrinsic value of a steel Patek 2499 is the same as the intrinsic value of a $50 Seiko. Once you remove intrinsic value, all you're left with is a speculated estimate of what enthusiasts will pay you in the future. I would have almost said the same about art work, only you can set up a museum and people will pay to view art. No one will pay to view watches, and very few owners are daring/reckless enough to rent them out.

If that's not enough to convince you that watches aren't investments, I don't know what is.

mfserge · 8 March 2022, 02:06 PM

It’s people like you that have ruined this hobby for those of us who genuinely love the brand and want to buy them to own an enjoy. The investors and speculators are ruining this hobby and should stick to investing in crypto or other assets. Stay the hell away from watches unless you love mechanical watches and want to own them to admire the pieces of art that they are, not to invest for the potential to make a few dollars on appreciation. Do us all a favor and open an E*trade account and go invest there.

TimeAZ · 8 March 2022, 02:08 PM

You should submit a market buy on 0.5 shares of SUBC, 0.33 shares of GMTC, or 0.2 shares of DYTN, all great additions to the cartoon jpg NFTs which are also fantastic stores of value

LVx2 · 8 March 2022, 02:10 PM

Quote:

Originally Posted by Whoisthis

...for me to use but also investing...

114270 BKASO
16234SS
16570 BKSO...

Do these go up in value even a little?

To use but also investing.

Three cool pieces many members seem to consider enthusiast choices.

Just asking if they'll go up "even a little".

Get past the title and it's a nice post. So he went a little provocative with the title, oh no lol

donas · 8 March 2022, 02:17 PM

..

daOnlyBG · 8 March 2022, 02:42 PM

Quote:

Originally Posted by TimeAZ

You should submit a market buy on 0.5 shares of SUBC, 0.33 shares of GMTC, or 0.2 shares of DYTN, all great additions to the cartoon jpg NFTs which are also fantastic stores of value

Seddyspaghetti · 8 March 2022, 02:43 PM

Tough crowd :/

hutch300 · 8 March 2022, 02:46 PM

Buy what you love. We don’t do invest watches here.

White Collar Boy · 8 March 2022, 02:53 PM

Bit embarrassed by the vibe in this thread. Even the jokey egging on of Peter/PADI feels a bit off.

8 March 2022, 01:19 PM	#1
Whoisthis "TRF" Member Join Date: Feb 2021 Location: Auburn hills Posts: 34	Investing in a rolex Im considering buying a used rolex Datejust, Explorer or Explorer 2 or a Cartier love collection for me to use but also investing. 114270 BKASO 16234SS 16570 BKSO Are on my list now. They dont have Paper or Box. Something under 9k$ Do these go up in value even a little?

8 March 2022, 01:28 PM	#5
seabreeze60 "TRF" Member Join Date: May 2017 Real Name: Dan Location: USA Watch: Tudor, Carl F. Buc Posts: 1,580	Investing in a rolex msrp

8 March 2022, 01:28 PM	#6
S52 "TRF" Member Join Date: Oct 2010 Location: FL230 Watch: me fly-by Posts: 789	We have a member here padi56, shoot him a pm hes our resident expert in Rolex investment portolio analysis. Hed be happy to help __________________ GMT Master II 16710B BLRO--Sea Dweller 16600--Submariner 1680--Milgauss 116400--Tudor BB58 79030B--Omega Speedmaster Pro--IWC Mark XV Automatic--Breitling Aerospace

8 March 2022, 01:40 PM	#13
inadeje 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: Miami Watch: me lose count. Posts: 5,907	Where’s padi to take out the trash? __________________ ♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41

8 March 2022, 01:43 PM	#14
rallyx "TRF" Member Join Date: Apr 2008 Real Name: Hans Gruber Location: Nakatomi Plaza Watch: Holly's Lady DJ Posts: 315	The company or the watches? As a company, go for it. You just have to convince the Wilsdorf Foundation to sell you some of the stock (no pun intended). For the watches, any stock (again no pun intended) you can find at the AD at RRP. __________________ What if Holly had on an Oysterflex?

8 March 2022, 01:21 PM	#2
JMGoodnight369 "TRF" Member Join Date: Dec 2018 Location: Georgia USA Posts: 373	Just here for the comments grabs popcorn

8 March 2022, 01:28 PM	#3
rebornsoul "TRF" Member Join Date: Jun 2015 Location: Singapore Posts: 6	This wont end well...

8 March 2022, 01:28 PM	#4
LVx2 Banned Join Date: Feb 2022 Location: ADs tray Posts: 460	I like the first two more but realize many think the 16570 would be the one to go for. I've just never been into five digit Explorer IIs. Love the Datejust dial but the Explorer 36mm is likely your best value play. Those are both really nice watches.

8 March 2022, 01:32 PM	#10
Aussiexplorer "TRF" Member Join Date: Feb 2015 Location: Qld, Australia Posts: 181	Here come the watches aren't investment comments. That said, I absolutely understand the OP perspective. Yes, traditional investments are probably more prudent financially, but owning a Rolex means you can enjoy a fine watch, which after ten years and a service has probably made you a small profit. That is awesome, and an investment in joy, practicality and compared to some other brands, finances as well.

8 March 2022, 01:32 PM	#11
GGGMT 2024 SubLV41 Pledge Member Join Date: Aug 2013 Location: Itinerant Watch: 79010sg Posts: 8,345	Forget the Cartier (like everyone else has) and do 16570. It’s a sleeper. But definitely do box papers and do trsited seller her Sent from my iPhone using Tapatalk

8 March 2022, 01:37 PM	#12
ndrs63 "TRF" Member Join Date: May 2018 Location: NYC Posts: 1,102	OP, do not think of this hobby as an investment. It’s a losing proposition. This forum is for watch passionate not for investors. If you read the guidelines you will realize this post is not following them Sent from my iPhone using Tapatalk

8 March 2022, 01:44 PM	#15
Polar Bear "TRF" Member Join Date: Jan 2021 Location: Australia Watch: Panerai PAM687 Posts: 762	If you want an investment, buy stock or real estate "Investing in a Rolex" in the current market is a bad idea

8 March 2022, 01:50 PM	#17
Wobbly "TRF" Member Join Date: Dec 2017 Location: 🇬🇧 Posts: 1,421	OP joined over a year ago, and this is their first post.

8 March 2022, 01:50 PM	#18
Tensai "TRF" Member Join Date: Sep 2020 Location: tyo nyc fla ack Watch: all the good ones Posts: 1,009	Yes. Do it. You will definitely make a good return. Buy some crypto too. Buy the dip. And make sure to report all your purchases on Instagram. Good luck!

8 March 2022, 01:52 PM	#19
fishingbear 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: George Location: Alabama Watch: GMTsSubLVEx2SDDayt Posts: 4,548	… Attached Images

8 March 2022, 02:06 PM	#23
mfserge Banned Join Date: Aug 2011 Location: USA Watch: YM40 Rhodium Posts: 901	It’s people like you that have ruined this hobby for those of us who genuinely love the brand and want to buy them to own an enjoy. The investors and speculators are ruining this hobby and should stick to investing in crypto or other assets. Stay the hell away from watches unless you love mechanical watches and want to own them to admire the pieces of art that they are, not to invest for the potential to make a few dollars on appreciation. Do us all a favor and open an E*trade account and go invest there.

8 March 2022, 02:08 PM	#24
TimeAZ "TRF" Member Join Date: May 2020 Location: USA Watch: Rolex & Tudor Posts: 2,240	You should submit a market buy on 0.5 shares of SUBC, 0.33 shares of GMTC, or 0.2 shares of DYTN, all great additions to the cartoon jpg NFTs which are also fantastic stores of value __________________ The perfect blossom is a rare thing. You could spend your life looking for one, and it would not be a wasted life.

8 March 2022, 02:17 PM	#26
donas Banned Join Date: Jul 2008 Real Name: Wade Location: TN Watch: 116619 Posts: 2,659	.. Attached Images

8 March 2022, 02:43 PM	#28
Seddyspaghetti "TRF" Member Join Date: Jun 2016 Location: Uranus Watch: 116500LN Posts: 4,789	Tough crowd :/

8 March 2022, 02:46 PM	#29
hutch300 2024 SubLV41 Pledge Member Join Date: Jun 2016 Real Name: Jeff Location: PNW Posts: 1,482	Buy what you love. We don’t do invest watches here.

8 March 2022, 02:53 PM	#30
White Collar Boy 2024 Pledge Member Join Date: Feb 2020 Real Name: Matt Location: . Watch: PAM111 Posts: 2,862	Bit embarrassed by the vibe in this thread. Even the jokey egging on of Peter/PADI feels a bit off.

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